Abstract
We examine cooperative games in supply-chain management termed Inventory Games. Supply-chain management has non-cooperative and cooperative interactions between the participating players. We provide a concise survey of cooperative inventory games in the form of extensions on two basic problems. For deterministic games, Economic Order Quantity-like policies with joint replenishment are of primary interest. For stochastic games we examine Newsvendor-like centralization games and their extensions. We conclude with a short summary of a dynamic Newsvendor realization game and directions for further research.
Original language | English (US) |
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Pages (from-to) | 565-580 |
Number of pages | 16 |
Journal | Journal of the Operational Research Society |
Volume | 62 |
Issue number | 4 |
DOIs | |
State | Published - Apr 2011 |
Externally published | Yes |
Keywords
- cooperative games
- inventory games
- production games
ASJC Scopus subject areas
- Modeling and Simulation
- Statistics, Probability and Uncertainty
- Strategy and Management
- Management Science and Operations Research